Large Retail Centres Continue Recovery as Shoppers Return to Malls and City Entries

Harper Dennis Hobbs (HDH), part of Newmark Group Inc., for the first time, has released a Vitality Rankings midyear update with larger retail centres seeing the benefits of shoppers returning to malls and city centres.

Abstract 10 rgb
October Ranking

1

Retail Centre

Beaconsfield

January 2022 Rank

1

January 2021 Rank

1

October Ranking

2

Retail Centre

Kingston upon Thames

January 2022 Rank

4

January 2021 Rank

7

October Ranking

3

Retail Centre

Marlborough

January 2022 Rank

2

January 2021 Rank

5

October Ranking

4

Retail Centre

Wimbledon Village

January 2022 Rank

3

January 2021 Rank

4

October Ranking

5

Retail Centre

Henley-on-Thames

January 2022 Rank

5

January 2021 Rank

2

October Ranking

6

Retail Centre

Tenterden

January 2022 Rank

6

January 2021 Rank

3

October Ranking

7

Retail Centre

Sevenoaks

January 2022 Rank

7

January 2021 Rank

6

October Ranking

8

Retail Centre

Skipton

January 2022 Rank

8

January 2021 Rank

12

October Ranking

9

Retail Centre

Reigate

January 2022 Rank

9

January 2021 Rank

13

October Ranking

10

Retail Centre

Harpenden

January 2022 Rank

10

January 2021 Rank

9

October Ranking

11

Retail Centre

Farnham

January 2022 Rank

11

January 2021 Rank

14

October Ranking

12

Retail Centre

Berkhamsted

January 2022 Rank

12

January 2021 Rank

8

October Ranking

13

Retail Centre

Ilkley

January 2022 Rank

13

January 2021 Rank

10

October Ranking

14

Retail Centre

Ringwood

January 2022 Rank

14

January 2021 Rank

15

October Ranking

15

Retail Centre

Harrogate

January 2022 Rank

15

January 2021 Rank

23

October Ranking

16

Retail Centre

Cobham

January 2022 Rank

16

January 2021 Rank

11

October Ranking

17

Retail Centre

York

January 2022 Rank

18

January 2021 Rank

45

October Ranking

18

Retail Centre

Chester

January 2022 Rank

19

January 2021 Rank

20

October Ranking

19

Retail Centre

Beverley

January 2022 Rank

17

January 2021 Rank

19

October Ranking

20

Retail Centre

Brighton Central

January 2022 Rank

20

January 2021 Rank

25

Source: HDH Vitality Ranking October 2022



Locations such as Beaconsfield and Henley-on-Thames have risen sharply since 2019, benefitting from consumers’ shift to local high streets.

Andy Metherell, Head of Consultancy and Analytics at HDH, and lead on compiling the Vitality Rankings, says the rankings are starting to reflect the mix of hybrid working and the return to normality following COVID-19 restrictions, he said;

“We are starting to see larger centres rise in the rankings as shoppers return to city centres and regional malls. But with hybrid working now such a common working model, small and affluent commuter towns are still benefiting from that change in behaviour. Therefore these areas continue to populate the top of the rankings.

“We have also seen seaside towns and other domestic tourist hotspots maintain their places in the top 50, with Brits visiting these locations over the summer. So, it’s no surprise that they’re doing well.

“We are beginning to see the impact of the cost-of-living crisis on spending levels and consumer confidence. We may not see the full impact of inflation, rising interest rates, rising energy bills and a squeeze on household income until Vitality Rankings 2023. This is expected to have an impact on all areas, but especially some of those that are less affluent.”

The Vitality Rankings 2023 will be released early next year.